Hagerty, Inc. reports developments tied to specialty vehicle insurance, enthusiast services, collector-car auctions, media, events and the Hagerty Drivers Club. Company updates commonly cover written premium, earned premium, policies in force, member growth, claims activity and profitability measures, including the effects of its completed transition to a Markel fronting arrangement.
News also follows Broad Arrow Auctions, driven by Hagerty, including collector-car sales, single-marque auctions, concours partnerships and flagship automotive events. These updates connect Hagerty's insurance business with its broader enthusiast ecosystem across the United States, Canada, the United Kingdom and other collector-car markets.
Hagerty (NYSE: HGTY) reported second quarter 2026 Written Premium of $425 million, up 19% year-over-year, with first-half Written Premium up 19% to $713 million and Earned Premium up 42% to $492 million. Policies in force rose 19% to 1.9 million, while Hagerty Re’s year-to-date loss ratio improved to 40.6% and combined ratio to 88.1%.
Total revenue fell 6% in both Q2 and first half 2026 due to the Markel Fronting Arrangement and consolidation changes that sharply reduced reported commission revenue. First-half Adjusted EBITDA grew 32% to $160 million and operating cash flow rose 91% to $186 million. Hagerty posted Q2 Net Income of $8 million but a first-half Net Loss of $5 million, including $153 million of pre-tax transitional costs tied to the Markel Fronting Arrangement.
On the back of this performance, Hagerty raised its 2026 outlook to Written Premium growth of 16%–17%, Net Income of $18–$30 million and Adjusted EBITDA of $270–$280 million, while expecting an 8%–9% decline in reported revenue from commission eliminations.
Hagerty (NYSE: HGTY), through its subsidiary Broad Arrow, announced the final headliner for its inaugural edition of The Quail Auction: a 2003 Ferrari Enzo in rare Nero D.S. over Rosso leather, estimated at $9–$11 million and offered without reserve.
The auction, the official sale of The Quail by The Peninsula, will feature 185 collector cars across two days on August 13–14 at The Quail Golf Club in Carmel, California during Monterey Car Week. A complete digital catalog, event details, and bidder registration options are available at Broad Arrow’s website.
Hagerty (NYSE: HGTY), through its Broad Arrow Auctions unit, announced a headline roster of modern hypercars and supercars for its inaugural edition of The Quail Auction, the official auction of The Quail by The Peninsula, A Motorsports Gathering, on August 13–14, 2026 in Carmel, California.
The centerpiece is a 2025 Bugatti W16 Mistral in Matt Argent/Black Carbon, estimated at $8,000,000–$10,000,000, one of 99 built and showing 652 miles. Other key lots and estimates include a 2011 Bugatti Veyron 16.4 Grand Sport ($3,350,000–$3,850,000), 2023 Hennessey Venom F5 Revolution Coupe ($2,900,000–$3,200,000), 2023 Hennessey Venom F5 Roadster ($2,200,000–$2,600,000), 2017 Ferrari F12tdf ($3,300,000–$3,800,000), and a 2019 McLaren Senna ($2,350,000–$2,850,000). A single-owner group, The Collector’s Reserve, will offer 15 performance and supercars largely without reserve, and the two-day sale will feature nearly 200 collector cars in total.
Hagerty (NYSE:HGTY) plans to release its second quarter 2026 financial results before the market opens on Wednesday, August 5, 2026. The company will host a conference call at 10:00 a.m. Eastern Time, with a live webcast and replay available on its investor relations website.
Hagerty (NYSE: HGTY), through its Broad Arrow Auctions unit, will hold the inaugural edition of The Quail Auction, the official auction of The Quail by The Peninsula, on August 13–14, 2026 at The Quail Golf Club in Carmel, California.
The two-day sale will feature nearly 200 collector cars, highlighted by an exceptional RUF group led by a one-of-six 2024 RUF SCR “Mary Stuart” (estimate $2.5–$2.8 million), several RUF BTR and RCT EVO models, and a 2013 RUF Rt35. Unique Porsche 911s Reimagined by Singer include the 1990 Classic Turbo Services “Aurum Verde Commission” (estimate $1.5–$1.8 million, offered without reserve), plus the “Los Angeles” and “Coconut Grove” commissions.
Additional Porsche icons include a 1988 959 Komfort (estimate $2.65–$2.95 million), an Exclusive Department 1995 911 Turbo Cabriolet (estimate $700,000–$900,000), and a 2015 918 Spyder (estimate $3.25–$3.75 million, offered without reserve).
Hagerty (NYSE: HGTY), through its subsidiary Broad Arrow Auctions, announced the first North American installment of its Global Icons Online Auction Series, featuring 40 Mercedes‑Benz Youngtimer cars from The Patina Collective. Bidding will run online from August 10–21.
According to Broad Arrow Auctions, all 40 cars will be offered entirely without reserve and include culturally significant 1980s–1990s Mercedes-Benz models, many originally unavailable in the U.S. Highlights include a 1993 Mercedes-Benz 500 E AMG 6.0 (estimate $150,000–$180,000), a 1993 500 E Limited Prototype (estimate $100,000–$150,000), a 1986 560 SEC ABC-Exclusive Widebody (estimate $55,000–$60,000), and a 1995 E 36 AMG Touring (estimate $50,000–$55,000). Collectors can register and access full lot details via broadarrowauctions.com, with in-person previews available by appointment.
Hagerty (NYSE:HGTY)-backed Broad Arrow Auctions will host its inaugural edition of The Quail Auction on August 13-14, 2026 at The Quail Golf Club in Carmel, California.
The sale features about 175 collector cars, including at least 25 high-value Ferraris such as a 2015 458 Speciale A, 2020 488 Pista Spider, and 2001 550 Barchetta Pininfarina.
Hagerty (NYSE:HGTY) agreed to acquire Bennetts, the UK’s #2 specialty motorcycle insurance broker, from Lucida Group for £34 million ($43 million). Closing is targeted for Q3 2026, subject to regulatory approval, and is expected by Hagerty to be immediately accretive.
The deal is expected to triple Hagerty’s UK revenue to about £25 million and expand its international scale alongside Broad Arrow. Bennetts contributes a 15% UK motorcycle insurance market share, a 65 Net Promoter Score, 100,000 Bike Social community members and strong digital engagement, supporting cross-sell opportunities across motorcycles and enthusiast cars.
Broad Arrow Auctions, driven by Hagerty (NYSE:HGTY), announced its inaugural Paris auction at The Peninsula Paris during Rétromobile Week 2027. The live sale will be held on 3 February 2027, with public previews from 1–3 February 2027.
The auction will feature a carefully curated selection of leading collector cars at the Peninsula Paris on avenue Kléber, near the Champs-Élysées and Arc de Triomphe. Collectors are invited to contact Broad Arrow specialists to consign cars for this exclusive sale and other 2026 European auctions in Zoute (9 October) and Zürich (7 November).
Hagerty (NYSE:HGTY) received four Gold 2026 Telly Awards, raising its total to 26. The in-house produced shows honored were “Revelations” (Online Documentary Series), “ICONS” (Video Journalism – Corvette ZR1 episode), “Cammisa Ultimate Drag Race Replay” (Visual Effects) and “Ultimate Lap Battle” (Videography/Cinematography).
All four are written and hosted by automotive journalist Jason Cammisa/b. Hagerty highlights its growing enthusiast reach, citing 67 million American car enthusiasts, a YouTube channel with hundreds of millions of views, nearly one million Hagerty Drivers Club members and a 2.2 million-reader magazine.